Gold Analysis: Gold Prices Prepare for Further Gains
Gold remains strongly bullish above key support levels, with momentum favoring a test of $4,400 as safe-haven flows and weak U.S. data continue to support prices.
EUR/USD Analysis: Euro Faces Selling Pressure
EUR/USD remains in an upward correction but faces selling pressure ahead of ECB and inflation data, with key signals pointing to opportunities on both sides.
USD/BRL Analysis: Another Climb Up and Challenge of Mid-Term Highs
USD/BRL has surged above 5.50 amid rising concerns about Brazil’s economic outlook, with traders watching whether this level becomes new support or reverses lower.
USD/SGD Analysis: After Mid-Term Lows Tested a Slight Reversal Higher
USD/SGD is consolidating after touching mid-term lows, with 1.29200 acting as a key pivot as traders adopt a cautious stance heading into the holiday period.
ETH/USD Forecast: Traders Watch for a Breakout or Drop to $2,500
Ethereum is hovering around $3,000, with a break above the 50-day EMA opening upside potential while continued weakness risks sending ETH toward $2,500.
